39 Thornton Street

Revere, MA 02151

$712,500
Last Sold Price
12
Beds
6
Baths
6,030 Sq. Ft.
$118 / Sq. Ft.
6,030
Sq. Ft.
$118
per Sq. Ft.

Description

This quality building has six (6) two-bedroom apartments. All units are LARGE and in very good condition. Currently rented under market value. Ask About Gross Rent Potential of $97,056 !! Ask About Gross Rent Potential of $97,056 ! Near T, walk to beach. Separate utilities, coin operated laundry. Solid investment property. Also a good for a Tax Exchange. {Can buy along with another six-family one block away, 11 Highland (MLS # 71573574) for a 1031 Tax Exchange.}This quality building has six (6) two-bedroom apartments. All units are LARGE and in very good condition. Currently rented under market value. Ask About Gross Rent Potential of $97,056 !! Ask About Gross Rent Potential of $97,056 ! Near T, walk to beach. Separate utilities, coin operated laundry. Solid investment property. Also a good for a Tax Exchange. {Can buy along with another six-family one block away, 11 Highland (MLS # 71573574) for a 1031 Tax Exchange.}
  1. Listed by Michael Davis • Prime Realty

Property Details for 39 Thornton Street

Town
Revere
MLS Area
Revere Beach
Area
MA-Revere-Revere Beach, MA-Revere
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Prime Realty, Michael Davis

Sold By CL Properties, Travis Sachs

Add your commute
LISTING UPDATED: 08/06/2022 05:50 AM

Property Details for 39 Thornton Street

StatusSold
MLS #71574315
Days on Market33
Taxes$5,180 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountySuffolk County

Location

Listing Courtesy of Prime Realty, Michael Davis

Sold By CL Properties, Travis Sachs

Add your commute

Building Information for 39 Thornton Street

Stories9Residences6Year Built1920Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$4,320 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,888

Property Taxes

$432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 39 Thornton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Current Financing: Conv. Fixed
  • Living Area: 6030.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Partial
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Carpet, Laminate
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Composite
  • Patio And Porch Features: Porch, Deck - Composite
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 220 Volts
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:8 B:130 L:30,1368324
  • Assessments: $332,900
  • Book: 49928
  • Tax Year: 2013
  • Zoning: RC
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Foundation Area: 2200.0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $450.00
  • GOI: $73,500.00
  • Gross Scheduled Income: $1,500.00
  • Insurance: $5,178.00
  • GRE: $15,328
  • MSE: $1,200
  • NOI: $58,172.00
  • Operating Expense: $15,328.00
  • WSE: $7,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,125.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 39 Thornton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 39 Thornton Street

Taxable ValueLand$199,700Additions$1,165,300Total$1,365,000
Tax Record2023$12,981 ($1,082 / month)
Home Facts
Baths6.5Total Finished SqFt6,030 SqFtAbove Grade Finished SqFt6,030 SqFtUnfinished Basement SqFt1,974 SqFtStories3Lot Size3,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRBCountySUFFOLKAPNREVE M:8 B:130 L:30

Schools near 39 Thornton Street

This home is within Revere School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Garfield Elementary School
PublicPK to 5

Rumney Marsh Academy
Public6 to 8

Susan B. Anthony Middle School
Public6 to 8

Garfield Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Prime Realty, Michael Davis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.